1 2 3 Date February 15, 20X1 Note: Enter debits before credits. 4 Account Title Cash Credit card expense Sales tax payable 5 6 Recorded sales for the period from February 1 to February 15 to customers using bank credit cards of $12,400 plus sales tax of $992. (Record the 2 percent credit card expense at this time.) 7 8 ….... Debit Credit 11 992.00
1 2 3 Date February 15, 20X1 Note: Enter debits before credits. 4 Account Title Cash Credit card expense Sales tax payable 5 6 Recorded sales for the period from February 1 to February 15 to customers using bank credit cards of $12,400 plus sales tax of $992. (Record the 2 percent credit card expense at this time.) 7 8 ….... Debit Credit 11 992.00
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
how to record this transaction, I tried to credit Credit Card Expense 12400, but it was wrong

Transcribed Image Text:Journal entry worksheet
1
2
Date
February 15,
20X1
3
Note: Enter debits before credits.
Record entry
Recorded sales for the period from February 1 to February 15 to customers
using bank credit cards of $12,400 plus sales tax of $992. (Record the 2
percent credit card expense at this time.)
4 5 6 7
Cash
Credit card expense
Sales tax payable
Account Title
8
Clear entry
▪▪▪▪▪
Debit
Credit
11
992.00
View general journal
>
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